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Dec 22, 2012
12/12
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capitol, washington, d.c. it is a tough business. competition is fierce, and it could get worse if the u.s. were to slip over the fiscal cliff. automatic tax hikes across the board would mean less disposable income for american consumers. >> i think our biggest concerns here are we will not be seeing people purchase as many items as they have in the past. we will see people buy jeans and a top, but they will not buy an additional pair of jeans or a dress on top of that. >> many customers are already pinching pennies. >> it has put a lower ceiling than normal on what we can spend for the holidays, our expenditures for our home, our plans for next year, with trips we may or may not go on. >> but the budget control act leading to the fiscal cliff is about more than just tax hikes. automatic public spending cuts would also take effect, primarily in the defense budget, which could have huge repercussions for the massive u.s. defense industry. and there's more -- investment in the country's aging infrastructure would also have to be cut ba
capitol, washington, d.c. it is a tough business. competition is fierce, and it could get worse if the u.s. were to slip over the fiscal cliff. automatic tax hikes across the board would mean less disposable income for american consumers. >> i think our biggest concerns here are we will not be seeing people purchase as many items as they have in the past. we will see people buy jeans and a top, but they will not buy an additional pair of jeans or a dress on top of that. >> many...
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Dec 14, 2012
12/12
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will this even be an agenda- setting one in washington with lawmakers? of course, i am talking about gun control here. >> that is hard to say. we have had this horrible shooting in colorado in july were 12 people were killed, and that was in the middle of the presidential campaign, but it did not really change anything. consistently, you have the argument by the pro-gun lobby who say the laws are in place -- for example, in connecticut, assault weapons are banned. >> i apologize. we were having problems with the signal with our reporter in washington. we are obviously going to get more information to you about the school shooting as it comes in. >> we have also more information now on the attempted explosion here in germany. earlier this week, a homemade bomb found. >> found in a small town in western germany. the federal prosecutor's office has taken over the investigation. the office since the attempted attack was the work of a radical islamist group. german media are now reporting that the bomb actually detonated and only failed to explode due to cons
will this even be an agenda- setting one in washington with lawmakers? of course, i am talking about gun control here. >> that is hard to say. we have had this horrible shooting in colorado in july were 12 people were killed, and that was in the middle of the presidential campaign, but it did not really change anything. consistently, you have the argument by the pro-gun lobby who say the laws are in place -- for example, in connecticut, assault weapons are banned. >> i apologize. we...
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Dec 29, 2012
12/12
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let's bring in our washington correspondent for more on this. what can you tell us about the meeting coming up in less than an hour? what will the president talking about with the republican leadership? >> there are only six people who really know what is going on, and what will really happen at the white house, and they will not talk, but i expect them to talk about higher taxes for the wealthy. are the republicans willing to accept that? they will also talk about entitlement spending cuts. are the democrats willing to accept that the government will spend less money? if this is the case, then they might find common ground. one important issue, of course, is going to be the members of the tea party. they are saying compromise is a bad word. of course, it will be difficult for them to find a compromise, to bring them into the boat. >> we had the meeting today. we have the special session on sunday. do you expect a compromise, or are we going over the cliff? >> this is really difficult to predict, but i will look today when they come out of the m
let's bring in our washington correspondent for more on this. what can you tell us about the meeting coming up in less than an hour? what will the president talking about with the republican leadership? >> there are only six people who really know what is going on, and what will really happen at the white house, and they will not talk, but i expect them to talk about higher taxes for the wealthy. are the republicans willing to accept that? they will also talk about entitlement spending...
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Dec 28, 2012
12/12
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the pressure is on in washington to agree on a plan. only then might the applause on wall street be a little more genuine. >> with the clock ticking ever more loudly in washington, let's bring in our correspondent. first off, are the prospects of an agreement as dim as we are hearing, or could there be a last-minute deal? then of course this could happen, but i think it is quite unlikely. there is an increased pessimism that a deal can be achieved in washington, d.c. from my perspective, i think washington moves too slowly. tax rates will go for all americans, and cuts will go into effect by the end of this year, and we will see no more unemployment benefits for about 2 million americans. >> there are some technicalities here. what are the government's contingency plans? for example, how will it go about paying bills if no deal is reached? >> a couple of bills they will just not be able to pay. there are emergency measures taken to keep the government operating for several more weeks by the treasury secretary, but they are only kicking
the pressure is on in washington to agree on a plan. only then might the applause on wall street be a little more genuine. >> with the clock ticking ever more loudly in washington, let's bring in our correspondent. first off, are the prospects of an agreement as dim as we are hearing, or could there be a last-minute deal? then of course this could happen, but i think it is quite unlikely. there is an increased pessimism that a deal can be achieved in washington, d.c. from my perspective,...
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Dec 21, 2012
12/12
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meanwhile, investors are keeping an eye on washington as the deadline to avert the so-called fiscal cliff comes ever closer. >> a different kind of click now -- thousands of mystics, new-age and deals and fans of pre- hispanic culture made their way to mexico in hopes of witnessing great things in less than 24 hours now. that is when the old mayan calendar predicts the end of the current world and the dawn of a new one. >> many of today's ethnic maya do not understand what all the fuss is about. mostly christian, they have looked on in wonder at the influx of foreign tourists to ancient cities in southern mexico and central america was a past hundreds of years ago. -- whose heyday past hundreds of years ago. >> they are dancing according to an ancient mayan ritual in preparation for the end of the world. these days, the famous complex in guatemala is full of visitors. many tourists have come to experience the big day. >> there are mixed feelings. s going to end. others believe it is the end of one era and the beginning of another. democrats are also gathering at mayan sites in mexico. tou
meanwhile, investors are keeping an eye on washington as the deadline to avert the so-called fiscal cliff comes ever closer. >> a different kind of click now -- thousands of mystics, new-age and deals and fans of pre- hispanic culture made their way to mexico in hopes of witnessing great things in less than 24 hours now. that is when the old mayan calendar predicts the end of the current world and the dawn of a new one. >> many of today's ethnic maya do not understand what all the...
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Dec 8, 2012
12/12
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. >> they do not have snow in washington yet like we have here in berlin to get into the christmas selling. >> but as the holidays draw closer, u.s. president barack obama and his family have lit the national christmas tree outside the white house. >> it is an annual tradition dating back to 1923. this year's giant blue spruce is new and will remain planted outside the white house throughout the year. the tree is lit by 450 strands of alley delights and 120 star ornaments. >> that looks like a fun party. >> beautiful christmas in the white house for sure. that is all we have run out. thanks for watching. >> do not forget, you can find more on our website at dw.de. see you soon. ????ovív"d
. >> they do not have snow in washington yet like we have here in berlin to get into the christmas selling. >> but as the holidays draw closer, u.s. president barack obama and his family have lit the national christmas tree outside the white house. >> it is an annual tradition dating back to 1923. this year's giant blue spruce is new and will remain planted outside the white house throughout the year. the tree is lit by 450 strands of alley delights and 120 star ornaments....
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Dec 22, 2012
12/12
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they had a diplomatic interest in north korea because washington and the u.n. don't have diplomatic relations. they said they may use that as a bargaining chip to get the u.s. to make concessions. north korean leaders endured condemnation last week for launching what they called a satellite-carrying rocket. the security council says there are consequences, but they are still struggling to agree on what those consequences will be. councilmen has condemned them because the north koreans ignored a ban on using missile technology. still, they don't want to adopt a legally binding resolution. they said it could pump them to conduct another nuclear test. japan's diplomats are working with north korea to try to impose sanctions. but they're far from waiting for the chinese to change their position. >>> world leaders of the two biggest economies have started laying the ground work for cooperation. china's president paid a visit to the u.s. president, obama. they agreed to boost economic cooperation. juan said members of china's communist party and government had great
they had a diplomatic interest in north korea because washington and the u.n. don't have diplomatic relations. they said they may use that as a bargaining chip to get the u.s. to make concessions. north korean leaders endured condemnation last week for launching what they called a satellite-carrying rocket. the security council says there are consequences, but they are still struggling to agree on what those consequences will be. councilmen has condemned them because the north koreans ignored a...